# PPP loan: ACUTIS DIAGNOSTICS, INC.
> **$1.62M** approved 04/08/2020 · Paid in Full · Loan `8824827003`
## Borrower
- **Name:** ACUTIS DIAGNOSTICS, INC.
- **Address:** 728 Larkfield Road 0.0, East Northport, NY, 11731-6108
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Rent:** $125K
- **Utilities:** $12K
- **Jobs reported:** 142
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*